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One in six young people in HK has no savings: survey

... rice of a unit in City One Shatin has risen from HK$1.77 million to HK$3.88 million over the past five years, an increase of 120 percent. Clearly, the growth in the income of young people lags the sur ...More

EJ Insight2015-09-30

Apple reports record first-weekend sales for iPhone 6s

... 3 million units, shares of Apple fell more than 1 percent, Reuters reported. This suggested investors remained skeptical that Apple can improve on the demand for the previous iPhone, which propelled t ...More

EJ Insight2015-09-29

Subdivided flat costs more than a luxury unit at Belcher's

...  a luxury unit at The Belcher's, a posh neighborhood nearby, which is around HK$36.5 per square foot. An ad for the subdivided flat was posted recently on a property website, and it was described as a ...More

EJ Insight2015-09-25

Missing 6-year-old girl found unscathed at home of friend

... t to Ho’s unit at Moon Ching House, at around 1 p.m. Kiu-kiu was with Ho’s domestic helper at the time, with no signs of injury. Police believe there was no malicious intent nor any element of abducti ...More

EJ Insight2015-09-25

Letv slashes placement amid volatile stock market

... elevision unit of  PCCW Ltd. (00008.HK), on a broadcast collaboration. The agreement allows Now TV to show some EPL matches in Hong Kong.  Meanwhile, Letv has tapped Hong Kong Broadband Network Ltd. ( ...More

EJ Insight2015-09-25

Boeing wins US$38 bln in orders, commitments from China

... ng Co., a unit of Industrial and Commercial Bank of China, separately confirmed it will buy 30 of Boeing's 737-800 jets, worth US$2.88 billion at list prices. Boeing also was due to announce an agreem ...More

EJ Insight2015-09-24

Whitesands Lantau is not for Mark Six jackpot winner

... f cash, a unit in Swire Properties’ latest luxury offering in Cheung Sha could still be just a dream for him or her. That's because the 24 homes on offer come with a price tag that starts at HK$48.5 m ...More

EJ Insight2015-09-23

Instagram now has 100 mln more users than Twitter

Instagram users have reached the 400 million mark, making the Facebook unit far larger than rival Twitter Inc. The photo-sharing app, which was bought by Mark Zuckerberg in 2012 for US$1 billion, has ...More

EJ Insight2015-09-23

Why Li Ka-shing shouldn't get distracted by China criticism

... sh mobile unit O2, a deal worth more than US$15 billion. Elsewhere in Europe, Hutchison announced in August that it will combine its Italian mobile unit with that of VimpelCom's unit Wind in a huge me ...More

EJ Insight2015-09-22

Fortress Investment closing part of hedge fund unit

... rnal. The unit was created to emulate the bets of university endowments and other deep-pocketed investors. At its 2010 peak, it managed US$1.7 billion. But the Partners funds have slumped in recent ye ...More

EJ Insight2015-09-22

What happens when companies stray from their core business

... new opportunities to diversify its businesses. Beauty products accounted for HK$1.39 billion yuan (US$213.8 million) of sales in fiscal 2014-2015, about 95.7 percent of revenue. In March, it launched ...More

EJ Insight2015-09-18

Dying to live

I was a young medical officer in the emergency unit of the Ola During Children’s Hospital in Sierra Leone when I advised the mother of a child with severe malaria to tell a blatant lie. Her daughter M ...More

EJ Insight2015-09-18

What's behind London's attraction to Asian property buyers

... sidential unit is 453,000 pounds (US$695,420), or about 4.5 times higher than that for the northeast region, and 2.6 times the average price nationwide. Local buyers prefer units between 500,00 pounds ...More

EJ Insight2015-09-16

Deposit forfeitures on the rise at newly built small homes

There has been a significant increase in abandoned transactions of newly built homes, especially those that involve subdivided units, Metro Daily reported, citing a surge in cases where buyers have ba ...More

EJ Insight2015-09-16

Alibaba dances with Cathay Financial, Tencent Bank chief resigns

... ng WeBank unit was leaving just nine months after the bank's launch. Both of these stories reflect the huge potential financial services hold for big companies like Alibaba and Tencent, as Beijing ope ...More

EJ Insight2015-09-15

How to distinguish a reliable P2P platform from a bad one

... Hong Kong unit will focus on providing investing opportunities for people with surplus funds. "Hong Kong people can use the platform to lend to mainlanders, Americans or people in other countries," Ht ...More

EJ Insight2015-09-15

Deutsche Bank aims to cut a quarter of workforce

...  once the unit's spinoff is completed as planned in 2016. Cryan aims to present details of the restructuring plan before October, close to when the new CEO of investment banking rival Credit Suisse, T ...More

EJ Insight2015-09-15

Currency management: What China needs to learn

... ry Fund’s unit of account, the Special Drawing Rights. In order to be included in the SDR basket, a currency must be widely used in international transactions. The renminbi is already widely used to i ...More

EJ Insight2015-09-14

How SME property agents can best utilize online platforms

... k out the unit personally”. -- Contact us at [email protected] CG ...More

EJ Insight2015-09-14

Hutchison seeks EU nod for US$15.8 bln bid for O2

Hutchison Whampoa Ltd. (00001.HK) has sought EU approval for its 10.25 billion pound (US$15.82 billion) bid for Telefonica's British mobile unit O2. The European Commission said it would decide by Oct ...More

EJ Insight2015-09-14

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